- Fifteen Principles Which Make For Good And Proper Government
- The Power Of True Liberty From Improper Governmental Interference
- What Is Wrong With A “Little” Socialism?
- An Example Of The Consequences Of Disregarding These Principles
- A Formula For Prosperity
- The Basic Error Of Marxism
- The Real Cause Of American Prosperity
- Government Cannot Create Wealth
- The Nature Of Legal Plunder
- Summary Thus Far
Obviously, not all welfare-state programs currently in force can be dropped simultaneously without causing tremendous economic and social upheaval. To try to do so would be like finding oneself at the controls of a hijacked airplane and attempting to return it by simply cutting off the engines in flight. It must be flown back, lowered in altitude, gradually reduced in speed and brought in for a smooth landing. Translated into practical terms, this means that the first step toward restoring the limited concept of government should be to freeze all welfare-state programs at their present level, making sure that no new ones are added. The next step would be to allow all present programs to run out their term with absolutely no renewal. The third step would involve the gradual phasing-out of those programs which are indefinite in their term. In my opinion, the bulk of the transition could be accomplished within a ten-year period and virtually completed within twenty years. Congress would serve as the initiator of this phase-out program, and the President would act as the executive in accordance with traditional constitutional procedures.